Certainly, that alone would be a move in the right direction.
> London as a separate federal part
Not the first time I've heard the suggestion of ejecting London from the Union :)
> London as a separate federal part
Not the first time I've heard the suggestion of ejecting London from the Union :)
This impressed me on several levels. :-)
To make it work properly would probably require a different currency, so London£ could free-float to the sky like the Swiss Franc while the rest of the UK had a weaker £ more suited to export-driven economy. A large chunk of the economy would be exporting power and water to Londonistan.
London would become even more like Singapore or Dubai than it already is: skyscrapers for the mega-rich surrounded by immigrant guestworkers.